Part of any grand bargain on the budget shortfall might include some form of further reform of the Public Employee Retirement System (PERS).

The Senate Workforce Committee took an early lead on that issue by issuing criteria for any possible reform, hearing a detailed explanation from the PERS Director regarding the current PERS system and Unfunded Actuarial Liability (ULA), and holding a series of hearings various bills.

Because of deadlines, the legislative vehicles for possible PERS reform were sent to the Joint Ways & Means Committee.  However, before sending those bills to Ways & Means, the Workforce Committee stripped out the emergency